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                                                                      Exhibit 99
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             IMPORTANT FACTORS REGARDING FORWARD-LOOKING STATEMENTS


The following factors, among others, could cause the company's actual results
and performance to differ materially from those contained or implied in
forward-looking statements made in this report and presented elsewhere by or on
behalf of the company from time to time.

Uncertainties as to Department of Defense and Other Federal Agency Budgets
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In 2000, approximately 78% of the company's revenue was from United States
Government agencies, primarily the Department of Defense. In the past, the
company's defense business has been adversely affected by significant changes in
defense spending during periods of declining United States defense budgets.
Among the effects of this general decline has been increased competition within
a consolidating defense industry. It is not possible for the company to predict
whether defense budgets will increase or decline in the future. Further,
changing missions and priorities in the defense budget may have adverse effects
on the company's business. Funding limitations could result in a reduction,
delay or cancellation of existing or emerging programs. The company anticipates
there will continue to be significant competition when the company's defense
contracts are rebid, as well as significant competitive pressure to lower
prices, which may reduce profitability in this area of the company's business.
Any reduction in the level or profitability of the company's defense business,
if not offset by new commercial business or other business, will adversely
affect the company's business, financial condition and results of operations.

Government Contracting Risks
----------------------------

The company has historically derived a substantial portion of its revenue from
contracts and subcontracts with the United States Government. In recent years,
the company has entered into significant information technology services
contracts with various state governments. A significant portion of the company's
federal and state government contracts are of a time and materials nature, with
fixed hourly rates that are intended to cover salaries, benefits, other indirect
costs of operating the business and profit. The pricing of such contracts is
based upon estimates of future costs and assumptions as to the aggregate volume
of business that the company will perform in a certain business division or
other relevant unit. For long term contracts, the company must estimate the
costs necessary to complete the defined statement of work and recognize revenue
or losses in accordance with such estimates. Actual costs may vary materially
from the estimates made from time to time, necessitating adjustments to reported
revenue and net income. Underestimates of the costs associated with a project
could adversely affect the company's overall profitability and could have a
material adverse effect on the company's business, financial condition and
results of operations.

A significant portion of the company's federal and state government contracts
are renewable on an annual basis, or are subject to the exercise of contractual
options. Multi-year
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contracts often require funding actions by the United States Government, state
legislature or others on an annual or more frequent basis. As a result, the
company's business could experience material adverse consequences should such
funding actions or other approvals not be taken.

Governmental awards of contracts are subject to regulations and procedures that
permit formal protests by losing bidders. Such protests may result in
significant delays in the commencement of expected contractual effort, or the
reversal of a previous award decision, which could have a material adverse
effect on the company's business, financial condition and results of operations.

Because of the complexity and scheduling of contracting with government
agencies, from time to time costs are incurred in advance of contractual funding
by the United States Government. In some circumstances, such costs may not be
recovered in whole or in part under subsequent contractual actions. Failure to
collect such amounts may have material adverse consequences on the company's
business, financial condition and results of operations.

As a defense contractor, the company is subject to many levels of audit and
review, including the Defense Contract Audit Agency, the Inspector General, the
Defense Criminal Investigative Service, the General Accounting Office, the
Department of Justice and Congressional Committees. These audits and reviews may
result in fines, penalties, the withholding of payments due to the company or
the prohibition from participating in certain United States Government requests
for proposals.

A substantial portion of the company's United States Government business is as a
subcontractor. In such circumstances, the company generally bears the risk that
the prime contractor will meet its performance obligations to the United States
Government under the prime contract and that the prime contractor will have the
financial capability to pay the company amounts due under the subcontract. The
inability of a prime contractor to perform or make required payments could have
a material adverse effect on the company's business, financial condition and
results of operations.

The United States Government has the right to terminate contracts for
convenience. In such a termination, the company would generally recover costs
incurred up to termination, costs required to be incurred in connection with the
termination and a portion of the fee earned commensurate with the work performed
to termination. However, significant adverse effects on the company's indirect
cost pools may not be recoverable in connection with a termination for
convenience. Contracts with state and other governmental entities are subject to
the same or similar risks.

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Dependence on Key Personnel
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The company is dependent on its key technical personnel. In addition, certain
technical contributors may have specific knowledge and experience related to
various government customer operations that would be difficult to replace in a
timely fashion. The loss of the services of key personnel could have a material
adverse effect on the company's ability to perform required services under
certain contracts, or to retain such business after the expiration of the
current contract, or to win new business where certain personnel have been
identified as key personnel in the proposal, any of which could have a material
adverse effect on the company's business, financial condition and results of
operations.

Competition
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The government contracting business is subject to intense competition, both
technical and pricing, from numerous companies, many of which have significantly
greater financial, technical and marketing resources than the company.

Competition in the market for the company's commercial products is also intense.
There is a significant lead time for developing such business, and it involves
significant capital investment including development of prototypes and
investment in manufacturing equipment. The company's precision products business
has a number of competitors, many of which have significantly greater financial,
technical and marketing resources than the company.

Risks Associated with New Markets and New Products
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In its efforts to enter new markets, including United States Government agencies
other than the DoD and commercial markets, the company faces significant
competition from other companies that have prior experience with such potential
customers as well as significantly greater financial, technical and marketing
resources than the company. As a result, the company's efforts to enter such new
markets may not achieve the level of success sought by the company, if any.

Concentration of Customers
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Within the DoD, individual services and program offices account for a
significant portion of the company's United States Government business. Two
customers account for a significant portion of the revenue of the company's
commercial manufacturing divisions. No assurance can be provided that any of
these customers will continue as such or will continue at current levels. A
decrease in orders from any of these customers would have an adverse effect on
the company's profitability, and the loss of any large customer could have a
material adverse effect on the company's business, financial condition and
results of operations.
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Risk of Product Claims
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The company's precision manufactured products are generally designed to operate
as important components of complex systems or products and defects in DRC
products could cause the customer's product or systems to fail or perform below
expectations. Like other manufacturing companies, the company may be subject to
claims for alleged performance issues related to its products. There can be no
assurance any such claims, if made, will not have a material adverse effect on
the company's business, financial conditions or results of operations.

Risk of Economic Events Effecting the Company's Business Segments
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Certain of the company's precision products are components of commercial
products. Factors that affect the production and demand for such products,
including economic events both domestically and in other regions of the world,
competition, technological change and production disruption, could adversely
affect demand for the company's products. Certain of the company's products are
incorporated into capital equipment, such as machine tools and other automated
production equipment, used in the manufacture of other products. As a result,
this portion of the company's business may be subject to fluctuations in the
manufacturing sector of the overall economy. An economic recession, either in
the United States or elsewhere in the world, could have a material adverse
effect on the rate of orders received by the commercial divisions. Significantly
lower production volumes resulting in under-utilization of the company's
manufacturing would adversely affect the company's business financial condition
and results of operations.

Technological Change
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The company's knowledge base and skills in the systems and services segment area
are sophisticated and involve areas in which there have been and are expected to
continue to be significant technological change. There is no assurance that the
company will continue to be able to offer services that satisfy its customers'
requirements at a competitive price. Many of the company's products are
incorporated into sophisticated machinery, equipment or electronic systems.
Technological changes may be incorporated into competitors' products that may
adversely affect the market for the company's products. Further, there can be no
assurance that the company's research and product development efforts will be
successful or result in new or improved products that may be required to sustain
the company's market position.

Financing Requirements and Access to Capital Markets
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While the company believes that its current resources and access to capital
markets is adequate to support operations over the near term and foreseeable
future, there can be no assurance that these circumstances will remain
unchanged. The company's need for capital is dependent on operating results and
may be greater than expected. The company's ability to maintain its current
sources of debt financing is dependent on the company remaining in compliance
with certain covenants included in the financing agreements. Changes in capital
markets may restrict the availability of funds or increase the cost of funds.